Is it alright to invest with bitcoin at the current market price?

[Spaffin]

Investing into bitcoin is not the same as trading bitcoin, you have to first decide which one you want to do before you put any money into crypto. If you want to trade, as in get in at the current price and increase it 10-20% and get out, that means it is trading and if you want to do that you may wait out a bit, or you may even get in right now because it looks like it could go up a lot as well.

However if you want to invest into bitcoin, like put your money in it right now and wait few years at least before you even think about selling, it would be easier for you to actually invest right now because you are at the very start of bitcoins big increase towards institutional investment to become a wall street thing, if you get in right now before that happens you are going to be very lucky.

I think that the best way to properly use the current situation is long-term investment in Bitcoin. There are many facts on the basis of which forecasts of the Bitcoin exchange rate for the near future are based and one of the most eloquent is the impact of the pandemic and the economic crisis, as well as the halving of 2020. Considering these facts, then Bitcoin should bring a good profit, perhaps already next year, for those who invest at the current price now.

[SquallLeonhart]

It is cool to see all kinds of answers, people are not sure about which one is the right answer and I understand it, hopefully people would be a bit more open minded about each other's answers because people who say it will go up look down on people who say it will fall and people who say it will fall look down on people who say it will go up, that is not the way bitcoin will be good in the future and none of us could earn anything.

If you have an opinion instead of mocking each other and acting like you are the smartest person in the world and acting like you are talking to an idiot is not really the way, there are better ways to explain why do you think it will go up/down which would help you express your opinion a lot better and it would also help other people as well.

[worldofcoins]

Investing into bitcoin is not the same as trading bitcoin, you have to first decide which one you want to do before you put any money into crypto. If you want to trade, as in get in at the current price and increase it 10-20% and get out, that means it is trading and if you want to do that you may wait out a bit, or you may even get in right now because it looks like it could go up a lot as well.

However if you want to invest into bitcoin, like put your money in it right now and wait few years at least before you even think about selling, it would be easier for you to actually invest right now because you are at the very start of bitcoins big increase towards institutional investment to become a wall street thing, if you get in right now before that happens you are going to be very lucky.

As long as you don't feel panic and sell out all your investment.
YES, it is right to invest now with the current situation of the market since it's stable and not falling from a month.
The current rate isn't bad its fine as compared to the last year's price.
Be patient and buy it now. I believe you will never regret buying it.

[AjithBtc]

Yes, unlike the price it is always good to invest into bitcoin. As for concerned bitcoin market volatility is found throughout, and people are known about it. At times the market fluctuation is being used as an opportunity to manipulate by the Whales. This manipulation at times help the low volume holders to make a buying. So, we need to wait for the right opportunity to buy.

[genievic23]

Cryptocurrency is a high risk form of investment. In fact some had made high losses based on the stories of some users here who were selling their house and taking huge loans and lost it all investing in cryptocurrency. I do not really know if they were true about on things they told but pretty sure there were losses made here with other users investing in cryptocurrency especially in ICO projects. On the contrary there are some users posts inspire others to invest due to the high return that they had made in cryptocurrency investments.

Bitcoin is the leading crypto that had made the success of others in their investment. This is why I wanted to join in this kind of investment. I have tried invested small amount and made a lesser returns as profits but that was already enough to make a conclusion on how to earn with bitcoin. Bitcoin investment could be the reason for losses or gains. It will depend on how you do the investments.

As a newbie in bitcoin investment for I was actually a bounty hunter taking opportunity to earn from the rewards that consider as payment. The problem is that bounty hunting is not that really earning and it is just a waste if time and money except doing signature campaign that pays btc. While doing signature bounty campaign, it triggers me the interest or plan to invest in bitcoin. I have somehow evolve my perspective to bounty hunting to bounty hunting at the same time doing bitcoin investment.

The signature bounty I joined will help me to always keep in touch with the forum for bitcoin news and current events. Others are saying that bitcoin is going for a bull run and that will let me of course earn but the current market price now which is 12K$ is a bit higher. This is why I am itching to buy in bitcoin however I am also thinking of probable losses due to current market price which is high for the moment.

This is the reason why I made this post to see your replies that could help me decide. Again I had stated above that I know bitcoin has high risk and willing to take it. The questions is that "Is it still best time to invest now with the current market price? Or will wait for bitcoin market to crash? What do you think?

I know this feeling when I encountered bitcoin way back 2016, that time I was just accumulating bitcoin, then I lost it all in one go, and I blame myself for not studying more about the market, the risk. and I hope you haven't bought bitcoin after posting here. It went down right, if you bought it, you might be regretting it now. if you haven't then this is your time to think again and study more about trading, so that you'll know when to enter and buy bitcoin, don't depend on someones predictions, it's your money to manage. And If you're looking for a good project to invest now, try looking for KittieFIGHT.

[lifeOK]

I think that the best way to properly use the current situation is long-term investment in Bitcoin. There are many facts on the basis of which forecasts of the Bitcoin exchange rate for the near future are based and one of the most eloquent is the impact of the pandemic and the economic crisis, as well as the halving of 2020. Considering these facts, then Bitcoin should bring a good profit, perhaps already next year, for those who invest at the current price now.

I think you utter the good point of investing. It’s about building a better future for all of us, not getting rich quick. I would love to go with  long-term investment in Bitcoin as well. The market depend on human emotion, and mostly fear so thinking about long term make us relief. Here I go long on Bitcoin and Bitcoin will go up that's inevitable since the price is testing the major resistance and the bullish breakout will start.

[7788bitcoin]

YES, it is right to invest now with the current situation of the market since it's stable and not falling from a month.
The current rate isn't bad its fine as compared to the last year's price.
Be patient and buy it now. I believe you will never regret buying it.

It is not a fair situation if you are taking into account last years price as the market was recovering from a major correction and now the halving is over and it is time to invest but you need to identify the right opportunity. I am sure if there is a correction from this situation many will be jumping in to invest and so is the reason we are not seeing any major slump after the halving because when ever we expect a correction we could see huge buy orders coming in.

[STT]

Dont buy all at once if you arent sure, partly buying into the market also fits buying over years which is the more reasonable period to match the use of the term invest.   Right this moment, not the price alone but the area we have set makes me wonder if buying is best or later when price action is more decided.   Either in a regular upwards which has less risk to it near term or a lower price then now which despite a negative sentiment that might appear in this forum or other places, it does give the benefit of a greater amount of BTC per dollar paid.



Heres the rough trend in a small pic with daily bars.  If it can break and beat this trend it likely does rise well after that or if it should prove to be the top prices for now then you are better served delaying till later.   Thats my rough view, blue line is 50 day average and some might argue to buy when this is ascending.

[glowing10]

I think that the best way to properly use the current situation is long-term investment in Bitcoin. There are many facts on the basis of which forecasts of the Bitcoin exchange rate for the near future are based and one of the most eloquent is the impact of the pandemic and the economic crisis, as well as the halving of 2020. Considering these facts, then Bitcoin should bring a good profit, perhaps already next year, for those who invest at the current price now.

I think you utter the good point of investing. It’s about building a better future for all of us, not getting rich quick. I would love to go with  long-term investment in Bitcoin as well. The market depend on human emotion, and mostly fear so thinking about long term make us relief. Here I go long on Bitcoin and Bitcoin will go up that's inevitable since the price is testing the major resistance and the bullish breakout will start.

Price in long term will rise and we have seen in the past as well that fall may happen but bitcoin has a ability to rise back and it may take some time but eventually we will see the bull run happening an those who stay invested in it will make money from it rather than doing panic selling which may not be correct at many occasions. So, on dips it’s better to buy rather than wait.

[kotajikikox]

Investing into bitcoin is not the same as trading bitcoin, you have to first decide which one you want to do before you put any money into crypto. If you want to trade, as in get in at the current price and increase it 10-20% and get out, that means it is trading and if you want to do that you may wait out a bit, or you may even get in right now because it looks like it could go up a lot as well.

and Trading as for daily wasn't good as bitcoin for material mate,because This coin  is slow moving and you can't even have a %5 a day.

Maybe consider using altcoin in Daytrading while Bitcoin for Holding as investment.

However if you want to invest into bitcoin, like put your money in it right now and wait few years at least before you even think about selling, it would be easier for you to actually invest right now because you are at the very start of bitcoins big increase towards institutional investment to become a wall street thing, if you get in right now before that happens you are going to be very lucky.

this will take time and courage but worth it,like what those early adopters did when they waited almost 10 years before  taking their profit in such a long time.

[Reatim]

Since you admitted to be a Bounty hunter then you should Only invest those money that gained from Bounties and not your personal money.
actually this is also what i did in my past bounties,all of them are being stocked in Bitcoin and until now i am holding them all for long term HODL.

[matchi2011]

It is not a fair situation if you are taking into account last years price as the market was recovering from a major correction and now the halving is over and it is time to invest but you need to identify the right opportunity.

You always needs to seek for good opportunities in order for you to the right timing placing your entry and gained
decent amount of profits.
People should take necessary efforts before doing anything as the chance that you'll burned your investment once you
mistakenly jumped without doing a research.

I am sure if there is a correction from this situation many will be jumping in to invest and so is the reason we are not seeing any major slump after the halving because when ever we expect a correction we could see huge buy orders coming in.

the fluctuations really hard to predict as there are many influenced that taking into account, you need
play wise in order to get the right position to gained best benefits from this industry.

[smyslov]

You can wait for the market top drop but it only applies in the bear market, if you are in a bull market you should buy right away if you have the money because the market is moving up you will find yourself losing some profit if you cannot buy in time for the price to go up, sometimes waiting to log for the price to go up is not good you are wasting a chance to make a profit.

[Emitdama]

There are tons of people who asked the same question to themselves 5 years ago when the price moved from 200 dollars to 1400 dollars and everyone said "do not invest now that it is high" and they waited, did it fall down? Sure it did but look where it is now as well, it is above 10k, so if you invested at 1400 dollars when it peaked in 2014 you could have sold it for 10x profit and we are talking about the days bitcoin becoming very famous as well, by 2014 a lot of people heard of it and wasn't really unknown small thing.

So you are never late, get in right now if you want to and when it becomes 100k you can sell for x10, could it go down meanwhile? Sure it might but it still doesn't change the fact that you could sell it for a lot higher than other people who didn't buy can.

[Inkdatar]

The truth is no one knows when will be the market price could soar high again. If you are so sure to invest in bitcoin you are good to buy but make sure just invest only on what you can afford to lose. The market is volatile and we don't know what will happen in the coming months. If in doubt, you may wait for a little to drop about the current price of bitcoin. Analyze the situation first so you can decide on your own.

[darewaller]

Yes, unlike the price it is always good to invest into bitcoin. As for concerned bitcoin market volatility is found throughout, and people are known about it. At times the market fluctuation is being used as an opportunity to manipulate by the Whales. This manipulation at times help the low volume holders to make a buying. So, we need to wait for the right opportunity to buy.

Manipulation of the BTC market does not happen now I am quite sure because the market is so saturated and large that a single whale has lost it's ability to swing the market on their own. Also each time a whale manipulates the market they sell a big part of bitcoins which means that the market becomes more and more fluent and liquid because the lesser whales we have the lesser chances are there for anyone to change the market at their will. Maybe in small crypto pairs this is still going on as someone can occupy a large number of coins and then easily play around to start a bull and bear run at will but surely not in bitcoins in current situation.

I always think any time to buy bitcoins is a good idea but only if you have the patience to wait at least 6 months because if you panic too early then you might end up in loss as some investors liquidated their holdings in March and we all know that drop in price was caused because people used the cryptocurrency as a source of liquidity for their livings.

[STT]

We tip toe through a mine field still imo, I dont think its clear.   What I'd expect from breaking a negative trend is a fairly noticeable appreciation, a large green candle on most charts.   We dont have that because we are still in tangle of indecision.   



So this is 4hr bars, just short term and we're through a trend, below weekly average but above the monthly momentum.   I dont count this negatively especially until its closing the 4hr bar and maintaining back below that trend.   Even then we are drifting around the 10500 pricing, crossing back and forth in no mans land.   Maybe Im too cautious to go out on a limb here but I dont feel price action is bullish for the moment.   All of this is below 50 day average is the simplest clear view.

[target]

We tip toe through a mine field still imo, I dont think its clear.   What I'd expect from breaking a negative trend is a fairly noticeable appreciation, a large green candle on most charts.   We dont have that because we are still in tangle of indecision.   



So this is 4hr bars, just short term and we're through a trend, below weekly average but above the monthly momentum.   I dont count this negatively especially until its closing the 4hr bar and maintaining back below that trend.   Even then we are drifting around the 10500 pricing, crossing back and forth in no mans land.   Maybe Im too cautious to go out on a limb here but I dont feel price action is bullish for the moment.   All of this is below 50 day average is the simplest clear view.

Most of the time when the market doesn't break resistance for 2 weeks it's usually going to break the support. Weekly chart actually tells the opposite of bullish and I think its this chart that traders should be looking at every time beffore diving into the daily chart. The RSI should be a good indicator to look at which I guess we are going to dive to $9k again. Probably so but this is just mine assumption. I don't know what others will think of it.

[whyrqa]

Last year, Bitcoin showed the worst results compared to this year, but nevertheless, the Bitcoin yield was 92%. According to statistical data, these indicators of Bitcoin surpassed even more familiar assets for investors in terms of their profitability. I believe that we should take more seriously the situations that definitely have an impact on the bitcoin rate and, first of all, we are talking about halving, geopolitical risks along with the depreciation of national currencies and the election of the US president. So perhaps today one of the last chances to invest profitably in Bitcoin. profitable to invest in Bitcoin.

[DeathAngel]

@TremaineZack
$288k #Bitcoin  price would put the market cap at about half that of gold. Not sure why so many Bitcoiners have trouble seeing this as a possibility. We have a long way to go even within our own community
https://twitter.com/tremainezack/status/1314274690781843465?s=21